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    64 San Filippo Dr Palm Bay, FL 32909

    For Sale
    $1,674,000

    Versatile Industrial Space, Fully Renovated

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional industrial property at Grant St offers 13,247 square feet of versatile space, ideal for a variety of businesses. Currently undergoing a complete renovation, the property boasts a newly paved, fenced-in yard spanning almost an acre. The building features approximately 2,100 square feet of renovated office space, perfect for administrative needs, and a climate-controlled showroom of roughly 1,300 square feet, showcasing products effectively. A substantial 9,797 square feet of warehouse space provides ample storage or production area. The property includes 12 drive-in doors for easy access and loading, and benefits from heavy power (3-phase 240v). The building's ceiling height is 16 feet, offering significant vertical space. The property is zoned IL and has a minimum divisible space of 6,000 square feet, with two spaces currently available ranging from 6,000 to 7,247 square feet. The entire property has been updated with new exterior paint, gutters, and LED lighting throughout. Tenant improvement allowances are available upon request. Built in 1979 and extensively renovated in 2024, this property presents a unique opportunity for businesses seeking modern, functional space in a convenient location.

    Property Features for 64 San Filippo Dr

    General Information

    Property type
    Land
    Lot Size
    162,043 SF

    HighLights

    • Property undergoing full renovation.
    • Approximately 1‑acre fenced yard.
    • 13,247 square feet of industrial space available.
    • 2,100 square feet of renovated office space.
    • 1,300 square feet of climate‑controlled showroom.
    • 9,797 square feet of warehouse space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6348404
    Latitude
    27.9858643

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    FAQs

    What type of property is this?
    Land - Versatile Industrial Space, Fully Renovated
    Where is this land located?
    The property is located at 64 San Filippo Dr Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $1,674,000.
    What are key features of this property?
    This property features: Property undergoing full renovation.; Approximately 1-acre fenced yard.; 13,247 square feet of industrial space available.
    Request Owner's contact information
    64 San Filippo Dr Palm Bay, FL 32909
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    Palm Bay, FL 32909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    64 San Filippo Dr Palm Bay, FL 32909
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